MGPM
ActiveMGPM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €542k and a net result of €135k. Equity is growing by ~52.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency46▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 10.08 in 2024), but 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.9%
Return on assets
4.7%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31487 sector peers (2025).
NBB · sector comparisonPosition among 31487 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
8 d late
2024
6 d early
2023
26 d late
2022
61 d late
2021
60 d early
2020
47 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€542k▲ 33.2%
2024 · €407k
2020: €44k
2021: €71k
2022: €97k
2023: €321k
2024: €407k
2020 → 2025
Total assets
€2.86M▲ 4.3%
2024 · €2.75M
2020: €47k
2021: €74k
2022: €2.60M
2023: €2.73M
2024: €2.75M
2020 → 2025
Net result
€135k▲ 57.0%
2024 · €86k
2020: €41k
2021: €27k
2022: €26k
2023: €224k
2024: €86k
2020 → 2025
Working capital
€232k▲ 27.6%
2024 · €182k
2020: €42k
2021: €51k
2022: €60k
2023: €90k
2024: €182k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€97k▲ 37.2%€321k▲ 230%€407k▲ 26.8%€542k▲ 33.2%
Operating result€40k-€38k▼ 5.2%€303k▲ 701%€117k▼ 61.5%€146k▲ 25.2%
Net result€27k-€26k▼ 1.9%€224k▲ 746%€86k▼ 61.6%€135k▲ 57.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.86M
Fixed assets
€2.54M▼ 0.2%
Current assets
€324k▲ 60.8%
Equity and liabilities €2.86M
Equity
€542k▲ 33.2%
Debt
€2.32M▼ 0.8%
The debt ratio falls from 85.2% to 81.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€151k▲
2024 · €122k
Cash flow
€140k▲
2024 · €91k
Solvency
18.9%▲
2024 · 14.8%
Current ratio
3.51▼
2024 · 10.08
Quick ratio
3.51▼
2024 · 10.08
Debt / equity
4.29▼
2024 · 5.75
ROE
24.9%▲
2024 · 21.1%
ROA
4.7%▲
2024 · 3.1%
Interest coverage
226.62▲
2024 · 149.42
Debt
€2.32M▼
2024 · €2.34M
Debt ≤ 1 year
€92k▲
2024 · €20k
Debt > 1 year
€2.23M▼
2024 · €2.32M
Income taxes
€38k▲
2024 · €30k
Staff costs
€55k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.75M€2.86M▲
Fixed assets21/28€2.55M€2.54M▼
Intangible fixed assets21€14k€10k▼
Tangible fixed assets22/27€860€356▼
Furniture and vehicles24€860€356▼
Financial fixed assets28€2.53M€2.53M=
Current assets29/58€202k€324k▲
Amounts receivable within one year40/41€101k€184k▲
Trade receivables40€62k€145k▲
Other amounts receivable41€40k€39k▼
Cash at bank and in hand54/58€94k€138k▲
Deferred charges and accrued income490/1€6k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.75M€2.86M▲
Equity10/15€407k€542k▲
Contributions10/11€3k€3k=
Reserves13€94k€94k=
Distributable reserves133€94k€94k=
Profit (loss) carried forward14€310k€445k▲
Amounts payable17/49€2.34M€2.32M▼
Amounts payable after more than one year17€2.32M€2.23M▼
Financial debts170/4€2.32M€2.23M▼
Amounts payable within one year42/48€20k€92k▲
Trade debts44€2k€43k▲
Suppliers440/4€2k€43k▲
Advances received on contracts in progress46€5k€20k▲
Taxes, remuneration and social security45€12k€28k▲
Taxes450/3€12k€25k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€40k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€199€1k▲
Gross operating margin9900€162k€207k▲
Operating profit (loss)9901€117k€146k▲
Financial income75/76B€24€27k▲
Recurring financial income75€24€441▲
Non-recurring financial income76B-€27k
Financial charges65/66B€815€667▼
Recurring financial charges65€815€667▼
Profit (loss) for the period before taxes9903€116k€172k▲
Income taxes67/77€30k€38k▲
Profit (loss) for the period9904€86k€135k▲
Profit (loss) for the period to be appropriated9905€86k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€310k€445k▲
Profit (loss) brought forward from the previous period14P€224k€310k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2025
31-12
Financial
Equity above €500kEq €542k ▲33.2%
6 profitable years in a row build equity to €542k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 10.08
Current ratio from 1.97 to 10.08; short-term debt falls from €93k to €20k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2020net €224k ▲746%
Operating result €303k, net result €224k, both a record.
31-12
Financial
Equity above €200kEq €321k ▲230%
4 profitable years in a row build equity to €321k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Weakest financial yearnet €26k ▼1.9%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Manage · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Joseph Wauters 357170 ManageGround area
3.0 ha
Parcel 52006B0083/00E002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Joseph Wauters 35, 7170 Manage
since 20202.335.661.515
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52006B0083/00E002 | Wallonia | 3.0 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 33,909 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.